e the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory Check (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin to 1 total asset turnover, (10) return on total assets, and (11) return on common stockholders' equity. ver. Acid-test ratio, 16 turnover, 1 fi to one decimal place; for part 6, round to two decimals. Summary information from the financial statements of two companies competing in the same industry Problem 17-58 Comparative ratio analysis A1 P3 Fargo Company Company Ball Fargo Ball Data from the current year-end balance sheets Data from the current year's income statement Sales . $393.600 $667.500 290,600 480,000 Cash 20,000 $ 36.500 Cost of goods sold 77,100 5,900 12300 5,700 12,300 33,850 61,700 Current notes receivable (trade) .1.600 Merchandise inventory Prepaid expenses Plant assets, net . Total assets . 9,000 Income tax expense .. 82,000 Net income . 10,100 Basic earnings per share . 86.800 9,700 176,900 252.300 Beginning-of-year balance sheet data Accounts receivable, net 72.200 $73.300 Liabilities and Equity Current liabilities 90,500 Long-term notes Common stock, $5 par value1 Retained earnings Total liabilities and equity 97,000 Current notes receivable (trade) . 93,000 93,300 Merchandise inventory 133,000 141,000 Total assets 65,600 129,100 Common stock, $5 par value 383.400 443.000 133,000 141,000 49,100 109.700 payable. ... $382,100$460,400 Retained earnings